The total cost including construction and permits (but excluding the land) comes to about $2.14 million.

So, $3,000 per call multiplied by the total number of calls you have the company place.Furthermore, while most real estate investors don't realize that their calls can be considered "telemarketing" under the TCPA because they think of a telemarketer in a common sense approach versus the legal definition, there would probably be other violations under 47 C.F.R. 64.1200(d) which could add another violation to the mix.

I found nothing good at the ones near my STR, it was total crap that I would be embarrassed to have my guests use.

Keep looking. totally agree with you, thanks for taking the time to responde

Totally ok if you don't plan to take any capital out as interest rates are likely higher than your original loan, and it sounds like the deal will cash flow, but just wanted to point that out so you are speaking the same language. 

The sum total of taxes of each of the 4 units will usually be higher than if it were apartments.

Thank you @Jimmy Lieu, I totally agree Columbus is a fantastic market, and that's why we grew our portfolio there and are still growing it!

Total loan is $500k so the other $400k comes from other investors.My husband invested in a note with Aloha last year as a trial, and unfortunately that one went into default a few months later.

Maybe 1500 other closing costs, so 6k total. 

For example a 6 bed rents for $4K but two two bed units might rent for $5K total.